Brunswick Exploration Reports Phase 1 Metallurgical Results at Mirage with Potential for DMS-Only Flowsheet

Brunswick Exploration Reports Phase 1 Metallurgical Results at Mirage with Potential for DMS-Only Flowsheet

 

Brunswick Exploration Inc. ( TSX-V: BRW OTCQB: BRWXF ; FRANKFURT:1XQ; ; " BRW " or the " Company ") is pleased to report preliminary, Phase 1, metallurgical results from test work on drill core samples from the Mirage Project. The test was conducted by SGS Canada Inc. in Lakefield, Ontario and comprised of heavy liquid separation ("HLS") testing, and dense media separation ("DMS") testing. The program was completed on a representative mineralized dyke comprising of material from MR-6, MR-3, MR-4 and a single dyke in the stacked dyke area.

 

  Highlights include:  

 
  • Potential for best-in-class flow sheet consisting of crushing followed by dense media separation only with no need for flotation. Projects with similar flow sheet have consistently demonstrated lower milling operating cost to achieve industry standard concentrate grade of 5.5% Li2O.
  •  
  • Preliminary recoveries of 76% producing a spodumene concentrate grading 5.5% Li2O for HLS testing and recoveries of 68.4% producing a spodumene concentrate grading 5.7% Li2O for DMS testing both at coarse grain size.
  •  
  • Low iron concentration in both HLS and DMS concentrate indicative of high quality spodumene with low impurities. Current testwork suggest no deleterious elements identified in either concentrate.
  •  
  • Further test work is planned in 2025 to build upon this initial set of results with opportunities to increase DMS recoveries already identified.
  •  

Mr. Killian Charles, President and CEO of BRW, commented: "As we continue to advance Mirage, we are pleased to reveal that lithium extraction at Mirage could potentially utilize a DMS-only circuit without the need for higher cost flotation to increase recoveries to acceptable levels. The resulting concentrate is considered clean with low iron concentrations and low level of other impurities. Importantly, today's preliminary results are generally in-line with high quality projects such as Patriot Battery Metals' Shaakichiuwaanaan project or Winsome's Adina project. We will look to further characterize and potentially improve on these metallurgical results in 2025 as we continue to grow Mirage's value proposition.

 

  Phase 1 Metallurgical Test work  

 

This first test program was planned, directed and completed with the support of BBA Consultants ("BBA"). The metallurgical test work was undertaken at SGS Canada Inc. in Lakefield Ontario using four (4) representative composite drill core intersects (see Table 1). These intersections were chosen based on their representativity of the Mirage project to date and were blended to form one master composite sample upon which the test program was performed.

 

  Table 1: Selected Composite Intercepts

 
                             
  Dyke    Hole ID    Li2O (%)    Length (m)    Proportion  
MR-6 MR-24-91 1.40 56 42 %
MR-3 MR-24-94 1.10 9.9 23 %
MR-4 MR-24-92 3.30 14.1 21 %
Stacked Dyke MR-24-76 3.09 10.9 14 %
 

 
Following validation of the proportion and the assay grade of each intercept, the material was blended and subjected to master composite characterization and HLS sample preparation. No "ore dilution" with waste rock was applied in this Phase 1 test program.

 

Two feed size options were prepared for HLS tests: 9.5 mm and 6.3 mm. Both samples were screened from 0.85mm and the resulting fine fraction was removed to improve the efficiency of the separation process. Only the coarse fraction is subjected to HLS or DMS testing. Recoveries of the fine fraction combined with the middlings of the DMS is typically achieved through grinding, desliming and flotation and is in the flowsheet if economic recoveries cannot be achieved by coarse beneficiation only, such as DMS.

 

Based on preliminary HLS results (see Table 2), higher recoveries were observed when material was crushed to 6.3 mm. This sample was selected for further evaluation for DMS-only recovery with a concentrate grade target of approximately 5.5% Li2O. The test was successful and achieved an above average concentrate grade of 5.7% Li2O concentrate with an overall lithium recovery of 68.4% from a feed sample with a head grade of 1.59% Li2O. Iron concentration was evaluated at 0.65% Fe2O3 with all deleterious elements well below penalty levels (see Figure 1).

 
                   
  Table 2: HLS Test results  
      Head Grade
(% Li2O)
 
  Concentrate
Grade, (% Li2O)
 
  Li
Recovery (%)
 
 
9.5mm

1.55

5.5 67.6
6.0 57.0
6.3mm

1.59

5.5 76.0
6.0 69.8
 

  Figure 1: Global Assays of all product streams of DMS Testing

 
                                                        
   Assays%  
  Li   2   O    SiO   2    Al   2   O   3    Fe   2   O   3    MgO    CaO    Na   2   O    K   2   O    MnO    P   2   O   5  
MC DMS Conc 5.70 67.6 23.6 0.65 0.04 0.24 0.81 0.51 0.20 0.04
MC DMS Middlings 1.29 78.5 13.5 0.29 0.04 0.43 3.10 1.52 0.09 0.05
MC DMS Tailings 0.07 77.6 13.0 0.13 0.02 0.42 4.50 3.64 0.03 0.05
MC DMS -0.85 mm Fines 1.01 77.2 13.2 0.84 0.28 0.69 3.23 2.27 0.10 0.06
 

  
Next Steps
 

 

Further work is planned for the Mirage project to advance metallurgical testing program. The company will focus on continuing drill exploration and to advance the project to reach a first mineral resource estimation. Following this milestone, the metallurgical testing program will be completed by testing the representative samples of the developed material by investigating the impact of ore dilution and identifying opportunities for further process optimization.

 

  Process Definitions  

 

  Heavy Liquid Separation   (HLS): HLS tests involve repeated tests at multiple densities in synthetic heavy liquid solutions to determine the optimum SG for mineral separation. In this case, the heavy liquid comprised of methylene iodide diluted with acetone to target various specific gravity (SG) cut points including 2.65, 2.70, 2.80, 2.85, 2.90, 2.95, and 3.00. The test work is used to determine the susceptibility of ore to dense media separation process.

 

  Dense Media Separation (DMS): Dense media separation tests are carried out to estimate the real life response of the ore to dense media separation and done by applying gravity separation at selected media densities (during HLS tests), which are prepared by mixing ferrosilicon and/or magnetite in water in this project.

 

  Option Grant  

 

The Company's Board of Directors have approved the grant of incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 3,430,00 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise price of $0.14 per share.

 

  QAQC  

 

All drill core samples were collected under the supervision of BRW employees and contractors using HQ size for MR-24-91, MR-24-91, MR-24-94 and NQ size for MR-24-76. Samples were bagged and groups of samples were placed in larger bags, sealed with numbered tags, in order to maintain a chain of custody. Samples from HQ size core sample were split to use one quarter for analytical analysis and half of the core were used for NQ size core sample. The sample bags were transported from the BRW contractor facility to the SGS Lakefield facility.

 

  Qualified Person  

 

The scientific and technical information contained in this press release has been reviewed and approved by Mr. Simon T. Hébert, VP Development. He is a Professional Geologist registered in Quebec and is a Qualified Person as defined by National Instrument 43-101.

 

BRW relied on the expertise of Dr. Seref Girgin (Senior Metallurgist) and Vera Gella (P. Eng, QP) from BBA Consultants.

 

  About Brunswick Exploration  

 

 Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada and Greenland.

 

  Investor Relations/information  

 

Mr. Killian Charles, President and CEO ( info@brwexplo.ca )

 

  Cautionary Statement on Forward-Looking Information  

 

  This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation's public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.  

 

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Exploring Diverse, Highly Prospective Lithium Projects in Canada

Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

 

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report the final set of results obtained as part of the 2025 Winter drill campaign conducted on its Mirage Project. The Mirage Project is located in the Eeyou Istchee–James Bay region of Quebec, approximately 40 kilometers south of the Trans-Taiga Road. This press release primarily focuses on the drilling work carried out in the eastern extension of the MR-6 dyke and the "Stacked Dyke" zone.

 

  Highlights include:  

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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is pleased to announce it has launched an aggressive regional-scale prospecting and mapping initiative on its sizeable Greenland portfolio that contains hundreds of untested targets using 4 crews and 2 helicopters for six weeks.

 

Initially, one team will focus on detailed mapping and sampling around the Ivisaartoq spodumene discovery and surrounding areas while the other will focus on the expanded Nuuk and Paamiut licenses as well as the historical spodumene showing at Paamiut. Starting in July, one team will focus on follow-up prospecting at the Nuuk and Paamiut projects based on results from June while the other team will focus on the Disko Bay and Uummannaq projects. Results from the first six weeks will be used to plan advanced exploration programs in August and September 2025, including first pass prospecting across its recently acquired Hinksland project in East Greenland (See new Release of March 13 th , 2025).

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Pierre Colas, Jeffrey Hussey, André Le Bel, Amy Satov, Mathieu Savard and Robert Wares were re-elected to the board of directors.

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Brunswick Exploration Once More Outlines a New, Major Dyke at Mirage

Brunswick Exploration Once More Outlines a New, Major Dyke at Mirage

 

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report a further six drill results from the Winter 2025 program at its Mirage Project. The Mirage Project is located in the Eeyou Istchee-James Bay region of Quebec, approximately 40 kilometres south of the Trans-Taïga Road. This press release focuses primarily on drilling completed north and east of the MR-6 dyke and, in the neighboring, "Stacked Dyke" area, where BRW continues to intersect dozens of well-mineralized spodumene-bearing pegmatites.

 

  Highlights include:  

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Brunswick Exploration Completes Brokered Private Placement for Gross Proceeds of C$3.5 Million

Brunswick Exploration Completes Brokered Private Placement for Gross Proceeds of C$3.5 Million

 

  NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES   OR FOR DISSEMINATION IN THE UNITED STATES  

 

Brunswick Exploration Inc. (" Brunswick " or the " Corporation ") (TSX-V: BRW, OTCQB: BRWXF) is pleased to announce the closing of its previously announced private placement (the " Offering ") for aggregate gross proceeds of C$3,500,000, which includes the full exercise of the agents' option for proceeds of C$1,000,000. Under the Offering, the Corporation sold (i) 12,980,769 units of the Corporation (the " LIFE Units ") at a price of C$0.13 per LIFE Unit for gross proceeds of C$1,687,500 from the sale of LIFE Units, and (ii) 12,083,333 units of the Corporation (the " Non-LIFE Units ", and collectively with the LIFE Units, the " Offered Securities ") at a price of C$0.15 per Non-LIFE Unit for gross proceeds of C$1,812,500 from the sale of Non-LIFE Units. An aggregate of 25,064,102 Offered Securities were sold under the Offering.

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Altech Batteries Ltd Cerenergy Battery Project Funding Progressing Well

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce an update on funding of the CERENERGY(R) sodium-chloride solid-state battery project in Saxony, Germany.

DEBT PROCESS

As previously mentioned, Altech has engaged ten commercial banks and two venture debt funds in the first round of financing discussions, receiving largely positive initial feedback. Based on this feedback, the Company has selected a preferred financial institution- a European bank with a proven track record in providing debt funding for technology-driven projects, particularly those within the innovation sector.

Although the mandate has not yet been formally executed, Altech intends to make an official announcement once this step is complete.

Meanwhile, the bank's commercial and technical teams have been diligently conducting a comprehensive review of the Cerenergy projects and its technology. The technical due diligence process is critical for ensuring that the project meets the bank's financing and risk criteria. As part of this process the onsite Altech experts are in detailed discussions with the bank's representative. The banks have visited Dresden and the Fraunhofer testing facilities and visit Hermsdorf, Germany where the prototype production is located in the coming weeks, which will be a key step in concluding the technical evaluation.

In parallel with these efforts, Altech is progressing discussions for securing a federal government guarantee, which would further strengthen its ability to secure the necessary debt funding for the project. Officials from the Ministry of Finance have already been briefed on the initiative, and the due diligence process for the application is actively underway. This federal guarantee will serve as an underwriter and therewith derisk any debt funding for the project substantially.

EQUITY FUNDING

In parallel with ongoing debt financing efforts, the Group has engaged several equity advisers to assist in securing the equity component of the project's funding package. As part of this strategy, Altech plans to divest a minority interest in the project to one or two strategic investors. This partial divestment is intended to attract investors who can contribute not only capital, but also strategic value, aligning with the CERENERGY(R) project's long-term goals of growth and sustainability.

The Group on one hand is specifically targeting large utility companies, data centre operators, investment funds, and corporations that are deeply committed to the green energy transition and on the other hand industrial partners with access and know-how and resources relevant to Cerenergy battery production, implementation or market access. These potential partners are seen as ideal due to their strong alignment with the project's sustainable energy focus and their ability to provide significant financial support. Progress in equity discussions has been promising, with several Non-Disclosure Agreements (NDAs) signed, enabling deeper engagement with prospective investors. Additionally, draft term sheets have been circulated to interested parties, outlining the key terms and conditions for investment. These documents provide a foundation for negotiations and facilitate more detailed discussions around the equity stake and partnership structure.

The decision to divest part of the project is strategically aimed at easing the Company's financial burden while bringing in experienced partners who can contribute to the project's success. By securing both equity and debt financing, Altech aims to finalize the full funding package, ensuring the timely construction and commissioning of the CERENERGY(R) battery plant. Moving forward, the focus will be on advancing these discussions and converting interest into formal commitments, which are critical for the project's progression.

GRANT APPLICATIONS

Altech has been actively applying for various grants offered by the State of Saxony, Federal Government of Germany, and the European Union. The State of Saxony and Brandenburg, along with the European Union, offer substantial support for renewable energy projects, including grants aimed at converting lignite coal to renewable energy sources. These grants are part of broader efforts to transition regions dependent on fossil fuels toward sustainable energy solutions. Altech's site, located in these areas, stands to benefit from various funding programs designed to support clean energy projects, including EU grants for energy transformation and innovation. Altech has applied for several of these grants to advance its CERENERGY(R) project, securing essential financial backing for technology development, high-tech industries, expert employment and infrastructure upgrades.

OFFTAKE ARRANGEMENTS

Altech has secured three key Offtake Letters of Intent (LOIs) for 100% of its CERENERGY(R) production.

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2. Referenzkraftwerk Lausitz GmbH (RefLau): A second LOI was executed with RefLau, a joint venture between Enertrag SE and Energiequelle GmbH. RefLau will buy 30 MWh of CERENERGY(R) storage n the first year, increasing to 32 MWh annually for the next four years. Additionally, Altech will purchase green electricity for its planned production plant.

3. Axsol GmbH: A third LOI was signed with Axsol, a leading renewable energy solutions provider. Axsol will exclusively distribute CERENERGY(R) batteries to the Western defense industry, facilitating early market entry and sales. These agreements are crucial for financing and advancing the CERENERGY(R) project.

 

About Altech Batteries Ltd:  

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

 

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Lithium Universe Ltd  Completes PV Solar Cell Recycling Acquisition

Lithium Universe Ltd Completes PV Solar Cell Recycling Acquisition

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcements dated 18 June 2025 and 2 July 2025, it has successfully completed the acquisition of 100% of the issued capital New Age Minerals Pty Ltd (NAM) which is party to an exclusive licensing agreement with Macquarie University in respect to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology (the Acquisition).

Highlights

- Completion of the acquisition of 100% of the issued capital of New Age Minerals Pty Ltd

- Acquisition gives Lithium Universe exclusive rights to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology

Further details regarding the Microwave Joule Heating Technology are set out in the Company's announcement dated 18 June 2025.

Commenting on the Acquisition, Lithium Universe's Executive Chairman, Iggy Tan said:

"We are pleased to have completed this important milestone, which now allows us to begin working more closely with the Macquarie University team. This next phase will focus on developing a robust research program to enhance the Microwave Joule Heating Technology and unlock its full commercial potential. We believe this collaboration will play a pivotal role in advancing sustainable recycling solutions and position Lithium Universe as a leader in critical metal recovery from end-of-life solar panels."

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

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VIDEO: Lithium Universe Ltd  Interview with Executive Chairman Iggy Tan

VIDEO: Lithium Universe Ltd Interview with Executive Chairman Iggy Tan

Melbourne, Australia (ABN Newswire) - In an interview with ABN Newswire, Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (OTCMKTS:LUVSF) Executive Chairman Iggy Tan outlines the current activities of the company including the vision of closing the "Lithium Conversion Gap".

Additionally, the company has recently licensed to acquire technology from Macquarie University for the extraction of silver from solar cells. The technique involves a specialised process to delaminate the components in the PV cell and avoid the crushing of the cell for recycling.

This method provides a cleaner disaggregation of the materials in the cell and enables the liberation of critical materials and a significant amount of silver. Silver is a component in the manufacture of PV cells, and with an estimated amount of 80 million tonnes of solar cell waste globally, typically dumped, the process facilitates easy recovery of these valuable materials.

To Watch the Interview with Mr. Iggy Tan, please visit:
https://www.abnnewswire.net/lnk/2HQJB3QO

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

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